<p>對於許多投資者來説，財報季是每個季度的巔峯。大多數 <strong>標準普爾 500</strong> 公司在六週內報告其運營結果，為投資者提供了關於美國經濟健康狀況的寶貴信息。</p>
<p>但財報季並不是季度內唯一重要的數據發佈。8 月 14 日是資產管理規模至少為 1 億美元的機構投資者向證券交易委員會提交 13F 表格的截止日期。13F 表格為投資者提供了華爾街最聰明的投資者在最新季度買賣哪些股票的簡明快照。</p>
<p>儘管沃倫·巴菲特是所有資金經理中最受關注的，但他並不是唯一一個追求超額回報的億萬富翁。杜克斯家族辦公室的億萬富翁老闆斯坦利·德魯肯米勒以提供超高回報和發現隱藏的絕佳交易而聞名。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM0OTkvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1yZWZsZWN0aW9uLWdsYXNzZXMtbGFwdG9wLWJ1eS1zZWxsLWdldHR5LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM0OTkvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1yZWZsZWN0aW9uLWdsYXNzZXMtbGFwdG9wLWJ1eS1zZWxsLWdldHR5LmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<p>在與關税相關的波動中，德魯肯米勒在第二季度可謂忙得不可開交。他購買了 35 只新證券，增持了 13 個現有頭寸，減少了杜克斯在 18 只股票中的持股，並將另外 18 只持股清倉。</p>
<p>也許這些舉動中最令人驚訝的是他拋售了其基金在電動車製造商 <strong>特斯拉</strong>(TSLA 7.21%) 的持股，隨後又大量買入了可以被稱為華爾街上週最熱門的股票。</p>
<h2>特斯拉是否面臨崩潰？</h2>
<p>在斯坦利·德魯肯米勒於 6 月結束的季度中被拋棄的 18 只股票中，特斯拉或許是最引人注目的。杜克斯的投資主管在第一季度削減了其基金在特斯拉的持股 50%，並在最新季度拋售了剩餘的 18,838 股。</p>
<p>德魯肯米勒對投資市場領先企業並不陌生，而特斯拉無疑符合這一定義。它是半個多世紀以來第一家從零開始建立起大規模生產的汽車製造商。此外，它是唯一一家證明自己能夠持續盈利的純電動車製造商。特斯拉正在努力實現連續第六年的盈利。</p>
<p>德魯肯米勒購買特斯拉股票的時機（2024 年第四季度）也表明他可能是順應了情緒的潮流。特斯拉首席執行官埃隆·馬斯克是唐納德·特朗普總統競選的公開支持者，並最終獲得了幫助政府效率部（DOGE）的特殊角色。特朗普和馬斯克保持密切關係被認為對特斯拉是個利好。</p>
<p>但這位 “七大奇蹟” 成員絕非完美——德魯肯米勒可能對此心知肚明。</p>
<p>特斯拉麪臨的第一個問題是其電動車的需求已經減弱。儘管進行了超過六次大幅降價，汽車收入在第二季度同比下降了 16%，全球車輛庫存上升了 33%，達到了 24 天。日益激烈的競爭對特斯拉造成了衝擊，其汽車利潤率也因此受到影響。</p>
<p>更糟糕的是，隨着特朗普的旗艦法案 “美麗的大法案” 成為法律，美國對電動車的汽車監管税收抵免即將取消。特斯拉依賴汽車監管抵免和現金的淨利息收入來推動其超過一半的税前收入。這表明，這家曾經輝煌的公司如今面臨多麼危險的境地。</p>
<p>德魯肯米勒的退出也可能是由於公司創新失敗所致。就所有意圖而言，Cybertruck 的銷售令人失望，而特斯拉在德克薩斯州奧斯汀推出的機器人出租車服務非常有限且令人失望。</p>
<p>這反映了特斯拉首席執行官的不幸主題：過度承諾和持續未能兑現。馬斯克有傾向做出無法兑現的承諾，例如在連續 11 年內承諾實現 5 級自動駕駛，而他的公司在這段時間內一直停留在 2 級自動駕駛。</p>
<p>最後，杜克斯的億萬富翁投資者可能被特斯拉的估值嚇到了。儘管預計 2025 年的淨銷售額將下降 5%，但其股票的估值為預測每股收益（EPS）的 234 倍。與此同時，大多數汽車股票的交易估值接近預測每股收益的 10 倍。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM0OTkvc3RyZWFtaW5nLXZpZGVvLW9uLWRlbWFuZC1uZmx4LXRhYmxldC1zdWJzY3JpcHRpb24tdHYtZ2V0dHkuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="467" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM0OTkvc3RyZWFtaW5nLXZpZGVvLW9uLWRlbWFuZC1uZmx4LXRhYmxldC1zdWJzY3JpcHRpb24tdHYtZ2V0dHkuanBnJnc9NzAw"/></p>
<p>圖片來源：Getty Images。</p>
<h2>斯坦利·德魯肯米勒大量購買這隻飆升的媒體股票</h2>
<p>在另一端，杜克斯家族辦公室的首席投資者購買了近三十隻新證券，包括看漲期權。根據上週發生的事情，這些購買中最引人注目的似乎是傳統媒體公司 <strong>華納兄弟探索</strong>(WBD 16.33%)。</p>
<p>在 4 月 1 日至 6 月 30 日期間，德魯肯米勒監督購買了 6,537,160 股華納兄弟探索的股票。由於其股票上週上漲了 56%，這一頭寸的價值可能增加了超過 4400 萬美元（假設在當前季度沒有額外的股票被購買或出售）。</p>
<p>華納兄弟之所以成為華爾街的熱門話題，是因為有傳言稱，截至 9 月 12 日下午，<strong>派拉蒙·斯凱丹斯</strong>(PSKY 7.62%) 正在準備對該公司進行收購，消息來源於《華爾街日報》。儘管尚未正式提出收購要約，但預計大部分報價將以現金形式出現，這對那些目睹牛市將他們拋在身後的華納兄弟探索股東來説尤其誘人。</p>
<p>媒體合併的猜測之所以更加引人注目，是因為這緊隨華納兄弟探索在六月宣佈計劃拆分為兩家獨立媒體公司的消息。在一端，將是其流媒體與製片公司（S&amp;S），包括華納兄弟電視、電影製片廠、HBO 和 HBO Max。另一端是全球網絡，涵蓋體育和新聞電視品牌，以及 Discovery+ 流媒體服務。</p>
<p>派拉蒙斯凱丹與華納兄弟之間的潛在合併/收購可能會引發對華納兄弟探索 S&amp;S 部門的競標戰，一些華爾街分析師暗示該部門可能會被出售以改善資產負債表的靈活性。</p>
<p>但在派拉蒙斯凱丹競標傳聞之前，還有其他跡象表明華納兄弟探索是一個絕佳的投資機會。特別是，該公司的流媒體部門運營結果大幅改善。銷售、一般和行政成本正在下降，而收入在全球用户穩定增長的背景下大幅上升。截至六月三十日，其國際用户數量較去年同期增長了 34%，達到 6790 萬。</p>
<p>此外，廣告收入遲早會成為華納兄弟探索的助力，而不是阻力。儘管不確定性最近迫使企業削減營銷預算，但長期的經濟擴張期有利於像華納兄弟探索這樣的廣告驅動型企業。</p>
<p>最後，該公司的股票在過去幾年一直低於其賬面價值，直到上週最後兩個交易日。這為像億萬富翁斯坦利·德魯肯米勒這樣的機會投資者提供了出手的窗口。</p>

特斯拉

2 倍做空特斯拉 ETF - GraniteShares

2 倍做多特斯拉 ETF - Direxion

2 倍做空特斯拉 ETF - Tradr

XI二南特斯-U

南方兩倍做多特斯拉

南方兩倍做空特斯拉

2 倍做多 TSLA ETF - GraniteShares

<p>億萬富翁投資者斯坦利·德魯肯米勒顯著減少了他在特斯拉的持股，出售了所有剩餘股份，此前他已將持倉削減了 50%。這一決定是在特斯拉電動車需求下降和競爭加劇的背景下做出的，導致汽車收入下降了 16%。相比之下，德魯肯米勒在華納兄弟探索公司進行了大量投資，收購了超過 650 萬股，因為該股票上週上漲了 56%，反映了他在最近的財報季節中投資重點的戰略轉變</p>

<p>For a lot of investors, earnings season is the pinnacle of each quarter. The six-week period where a majority of <strong>S&amp;P 500</strong> businesses report their operating results gives investors invaluable information on the health of the U.S. economy.</p>
<div class="lb-trans"><p>對於許多投資者來説，財報季是每個季度的巔峯。大多數 <strong>標準普爾 500</strong> 公司在六週內報告其運營結果，為投資者提供了關於美國經濟健康狀況的寶貴信息。</p>
</div><p>But earnings season isn't the only important data dump of the quarter. Aug. 14 marked the deadline for institutional investors with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission. A 13F provides a concise snapshot for investors of which stocks the smartest investors on Wall Street bought and sold in the latest quarter.</p>
<div class="lb-trans"><p>但財報季並不是季度內唯一重要的數據發佈。8 月 14 日是資產管理規模至少為 1 億美元的機構投資者向證券交易委員會提交 13F 表格的截止日期。13F 表格為投資者提供了華爾街最聰明的投資者在最新季度買賣哪些股票的簡明快照。</p>
</div><p>Though Warren Buffett is the most closely monitored of all money managers, he's not the only billionaire with a penchant for outsized returns. Duquesne Family Office's billionaire boss Stanley Druckenmiller is known to deliver supercharged returns and spot amazing deals hiding in plain sight.</p>
<div class="lb-trans"><p>儘管沃倫·巴菲特是所有資金經理中最受關注的，但他並不是唯一一個追求超額回報的億萬富翁。杜克斯家族辦公室的億萬富翁老闆斯坦利·德魯肯米勒以提供超高回報和發現隱藏的絕佳交易而聞名。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM0OTkvbW9uZXktbWFuYWdlci1zdG9jay1jaGFydC1yZWZsZWN0aW9uLWdsYXNzZXMtbGFwdG9wLWJ1eS1zZWxsLWdldHR5LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F833499%2Fmoney-manager-stock-chart-reflection-glasses-laptop-buy-sell-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><p>Druckenmiller was nothing short of a busy bee amid tariff-related volatility during the second quarter. He purchased 35 new securities, added to 13 existing positions, reduced Duquesne's stake in 18 stocks, and sent another 18 holdings packing.</p>
<div class="lb-trans"><p>在與關税相關的波動中，德魯肯米勒在第二季度可謂忙得不可開交。他購買了 35 只新證券，增持了 13 個現有頭寸，減少了杜克斯在 18 只股票中的持股，並將另外 18 只持股清倉。</p>
</div><p>Perhaps the most surprising of these moves was jettisoning his fund's position in electric-vehicle (EV) manufacturer <strong>Tesla</strong>(TSLA 7.21%), and subsequently piling into what can be described as Wall Street's hottest stock over the last week.</p>
<div class="lb-trans"><p>也許這些舉動中最令人驚訝的是他拋售了其基金在電動車製造商 <strong>特斯拉</strong>(TSLA 7.21%) 的持股，隨後又大量買入了可以被稱為華爾街上週最熱門的股票。</p>
</div><h2>Is Tesla headed for a breakdown?</h2>
<div class="lb-trans"><h2>特斯拉是否面臨崩潰？</h2>
</div><p>Among the 18 stocks given the heave-ho by billionaire Stanley Druckenmiller during the June-ended quarter, perhaps none is more an eyebrow-raiser than Tesla. Duquesne's investment chief slashed his fund's stake in Tesla by 50% during the first quarter and dumped the remaining 18,838 shares in the latest quarter.</p>
<div class="lb-trans"><p>在斯坦利·德魯肯米勒於 6 月結束的季度中被拋棄的 18 只股票中，特斯拉或許是最引人注目的。杜克斯的投資主管在第一季度削減了其基金在特斯拉的持股 50%，並在最新季度拋售了剩餘的 18,838 股。</p>
</div><p>Druckenmiller is no stranger to investing in market-leading businesses, of which Tesla has certainly met the definition. It's the first automaker in more than a half-century to have built itself from the ground up to mass production. Further, it's the only pure-play EV maker that's demonstrated it can be profitable on a recurring basis. Tesla is working on what could be its sixth consecutive year of profit.</p>
<div class="lb-trans"><p>德魯肯米勒對投資市場領先企業並不陌生，而特斯拉無疑符合這一定義。它是半個多世紀以來第一家從零開始建立起大規模生產的汽車製造商。此外，它是唯一一家證明自己能夠持續盈利的純電動車製造商。特斯拉正在努力實現連續第六年的盈利。</p>
</div><p>The timing of Druckenmiller's purchase of Tesla stock (the fourth quarter of 2024) also suggests he may have been riding a wave of sentiment. Tesla CEO Elon Musk was an outspoken supporter of Donald Trump's presidential campaign and ultimately earned a special role helping out the Department of Government Efficiency (DOGE). Trump and Musk remaining close was believed to be a positive for Tesla.</p>
<div class="lb-trans"><p>德魯肯米勒購買特斯拉股票的時機（2024 年第四季度）也表明他可能是順應了情緒的潮流。特斯拉首席執行官埃隆·馬斯克是唐納德·特朗普總統競選的公開支持者，並最終獲得了幫助政府效率部（DOGE）的特殊角色。特朗普和馬斯克保持密切關係被認為對特斯拉是個利好。</p>
</div><p>But this member of the &#34;Magnificent Seven&#34; is anything but perfect -- and Druckenmiller likely knows it.</p>
<div class="lb-trans"><p>但這位 “七大奇蹟” 成員絕非完美——德魯肯米勒可能對此心知肚明。</p>
</div><p>The first issue for Tesla is that demand for its EVs has waned. In spite of more than a half-dozen sweeping price cuts, automotive revenue plunged by 16% in the second quarter from the prior-year period, with global vehicle inventory rising by 33% to 24 days. Increasing competition is doing a number on Tesla, and its automotive margin is paying the price.</p>
<div class="lb-trans"><p>特斯拉麪臨的第一個問題是其電動車的需求已經減弱。儘管進行了超過六次大幅降價，汽車收入在第二季度同比下降了 16%，全球車輛庫存上升了 33%，達到了 24 天。日益激烈的競爭對特斯拉造成了衝擊，其汽車利潤率也因此受到影響。</p>
</div><p>To add fuel to the fire, the U.S. automotive regulatory tax credit for EVs is going away following Trump's flagship &#34;Big, Beautiful Bill&#34; becoming law. Tesla has relied on automotive regulatory credits and net interest income on its cash to drive more than half of its pre-tax income. It demonstrates just how perilous things have become for this once-magnificent company.</p>
<div class="lb-trans"><p>更糟糕的是，隨着特朗普的旗艦法案 “美麗的大法案” 成為法律，美國對電動車的汽車監管税收抵免即將取消。特斯拉依賴汽車監管抵免和現金的淨利息收入來推動其超過一半的税前收入。這表明，這家曾經輝煌的公司如今面臨多麼危險的境地。</p>
</div><p>Druckenmiller's exit may have also been spurred by the company's failed innovations. For all intents and purposes, Cybertruck sales have been a disappointment, and Tesla's robotaxi launch in Austin, TX, was very limited and underwhelming.</p>
<div class="lb-trans"><p>德魯肯米勒的退出也可能是由於公司創新失敗所致。就所有意圖而言，Cybertruck 的銷售令人失望，而特斯拉在德克薩斯州奧斯汀推出的機器人出租車服務非常有限且令人失望。</p>
</div><p>This speaks to an unfortunate theme with Tesla's CEO: overpromising and consistently underdelivering. Musk has a tendency to make claims that can't be kept, such as promising Level 5 autonomy for 11 consecutive years when his company has been stuck at Level 2 autonomy the entire time.</p>
<div class="lb-trans"><p>這反映了特斯拉首席執行官的不幸主題：過度承諾和持續未能兑現。馬斯克有傾向做出無法兑現的承諾，例如在連續 11 年內承諾實現 5 級自動駕駛，而他的公司在這段時間內一直停留在 2 級自動駕駛。</p>
</div><p>Lastly, Duquesne's billionaire investor might have been scared off by Tesla's valuation. Shares are valued at 234 times forecast earnings per share (EPS) in 2025 despite an expected 5% <em>decline</em> in net sales. Meanwhile, most auto stocks trade closer to 10 times forecast EPS.</p>
<div class="lb-trans"><p>最後，杜克斯的億萬富翁投資者可能被特斯拉的估值嚇到了。儘管預計 2025 年的淨銷售額將下降 5%，但其股票的估值為預測每股收益（EPS）的 234 倍。與此同時，大多數汽車股票的交易估值接近預測每股收益的 10 倍。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM0OTkvc3RyZWFtaW5nLXZpZGVvLW9uLWRlbWFuZC1uZmx4LXRhYmxldC1zdWJzY3JpcHRpb24tdHYtZ2V0dHkuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F833499%2Fstreaming-video-on-demand-nflx-tablet-subscription-tv-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>Stanley Druckenmiller loaded up on shares of this skyrocketing media stock</h2>
<div class="lb-trans"><h2>斯坦利·德魯肯米勒大量購買這隻飆升的媒體股票</h2>
</div><p>On the other end of the spectrum, Duquesne Family Office's head investor purchased nearly three dozen new securities, including call options. Based on what transpired last week, the most intriguing of these buys looks to be legacy media company <strong>Warner Bros. Discovery</strong>(WBD 16.33%).</p>
<div class="lb-trans"><p>在另一端，杜克斯家族辦公室的首席投資者購買了近三十隻新證券，包括看漲期權。根據上週發生的事情，這些購買中最引人注目的似乎是傳統媒體公司 <strong>華納兄弟探索</strong>(WBD 16.33%)。</p>
</div><p>Between April 1 and June 30, Druckenmiller oversaw the purchase of 6,537,160 shares of Warner Bros. Discovery stock. With its shares up 56% last week, the value of this position may have increased by more than $44 million (assuming no additional shares were purchased or sold in the current quarter).</p>
<div class="lb-trans"><p>在 4 月 1 日至 6 月 30 日期間，德魯肯米勒監督購買了 6,537,160 股華納兄弟探索的股票。由於其股票上週上漲了 56%，這一頭寸的價值可能增加了超過 4400 萬美元（假設在當前季度沒有額外的股票被購買或出售）。</p>
</div><p>The reason Warner Bros. is the buzz of Wall Street has to do with rumors that, as of this writing in the late afternoon on Sept. 12, <strong>Paramount Skydance</strong>(PSKY 7.62%) is preparing a bid for the company, according to <em>The Wall Street Journal</em>. Though no bid has been officially presented, the expectation is that most of the offer will come in the form of cash, which could be especially tantalizing to Warner Bros. Discovery shareholders who've watched the bull market leave them in the dust.</p>
<div class="lb-trans"><p>華納兄弟之所以成為華爾街的熱門話題，是因為有傳言稱，截至 9 月 12 日下午，<strong>派拉蒙·斯凱丹斯</strong>(PSKY 7.62%) 正在準備對該公司進行收購，消息來源於《華爾街日報》。儘管尚未正式提出收購要約，但預計大部分報價將以現金形式出現，這對那些目睹牛市將他們拋在身後的華納兄弟探索股東來説尤其誘人。</p>
</div><p>What makes media merger speculation even more intriguing is that it follows Warner Bros. Discovery's June announcement of a planned split into two separate media companies. On one end will be its Streaming &amp; Studios (S&amp;S) company that consists of Warner Bros. Television, its movie studios, HBO and HBO Max. On the other end is Global Networks, which features sports and news television brands, as well as the Discovery+ streaming service.</p>
<div class="lb-trans"><p>媒體合併的猜測之所以更加引人注目，是因為這緊隨華納兄弟探索在六月宣佈計劃拆分為兩家獨立媒體公司的消息。在一端，將是其流媒體與製片公司（S&amp;S），包括華納兄弟電視、電影製片廠、HBO 和 HBO Max。另一端是全球網絡，涵蓋體育和新聞電視品牌，以及 Discovery+ 流媒體服務。</p>
</div><p>A potential merger/acquisition between Paramount Skydance and Warner Bros. may initiate a bidding war for Warner Bros. Discovery's S&amp;S segment, which some analysts on Wall Street have intimated may be sold to improve balance sheet flexibility.</p>
<div class="lb-trans"><p>派拉蒙斯凱丹與華納兄弟之間的潛在合併/收購可能會引發對華納兄弟探索 S&amp;S 部門的競標戰，一些華爾街分析師暗示該部門可能會被出售以改善資產負債表的靈活性。</p>
</div><p>But there were other signs prior to the Paramount Skydance bid rumor that Warner Bros. Discovery represented a screaming bargain. In particular, the company's streaming segment has been delivering much-improved operating results. Selling, general &amp; administrative costs are declining, while revenue roars higher amid a steady influx of global subscribers. Its international subscriber count jumped 34% from the prior-year period to 67.9 million, as of June 30.</p>
<div class="lb-trans"><p>但在派拉蒙斯凱丹競標傳聞之前，還有其他跡象表明華納兄弟探索是一個絕佳的投資機會。特別是，該公司的流媒體部門運營結果大幅改善。銷售、一般和行政成本正在下降，而收入在全球用户穩定增長的背景下大幅上升。截至六月三十日，其國際用户數量較去年同期增長了 34%，達到 6790 萬。</p>
</div><p>Additionally, it's only a matter of time before advertising revenue acts as a tailwind and not a headwind for Warner Bros. Discovery. Though uncertainties have coerced businesses to pare back their marketing budgets recently, long-winded periods of economic expansion favor ad-driven businesses like Warner Bros. Discovery.</p>
<div class="lb-trans"><p>此外，廣告收入遲早會成為華納兄弟探索的助力，而不是阻力。儘管不確定性最近迫使企業削減營銷預算，但長期的經濟擴張期有利於像華納兄弟探索這樣的廣告驅動型企業。</p>
</div><p>Lastly, shares of the company had traded well below their book value for years until the final two trading days of last week. This gave opportunistic investors like billionaire Stanley Druckenmiller a window to pounce.</p>
<div class="lb-trans"><p>最後，該公司的股票在過去幾年一直低於其賬面價值，直到上週最後兩個交易日。這為像億萬富翁斯坦利·德魯肯米勒這樣的機會投資者提供了出手的窗口。</p>
</div>

Billionaire Stanley Druckenmiller Dumped His Fund's Stake in Tesla and Is Piling Into a Stock That Rallied 56% Last Week Amid Buyout Rumors

- 投資者關注的財報季為美國經濟健康提供重要信息。  
- 杜克恩家族辦公室的斯坦利·德魯肯米勒在第二季度大幅調整投資組合。  
- 他減持特斯拉股票並增持華納兄弟探索公司，後者因併購傳聞受到關注。

億萬富翁斯坦利·德魯肯米勒拋售了他基金持有的特斯拉股份，並正在大量買入一隻上週因收購傳聞而上漲 56% 的股票